Harvest Gold
Corporation (HVG
– TSX.V) October 22, 2008 (the “Company”) has received results for its
Rosebud
mine project enzyme leach soil survey. A total of 340 new samples were
collected
in the summer of 2008. The enzyme leach soil geochemical response has
provided a
layer of geochemical anomalies that coincide with geological mapping,
airborne
and ground geophysical surveys. Highlights include:
-
The enzyme leach analytical method is
effective
at the Rosebud Mine. The data provide compelling supporting evidence of
subsurface mineralization through high-contrast gold responses above
the
concealed, previously-mined zones
-
A high-priority target, adjacent to the
“chimney”, is indicated by enzyme leach gold responses. Over the
underground
workings, gold responses are highest above the chimney and immediately
to
the northwest where geology is favorable and drilling is sparse. An
historic crosscut drift in the chimney intersected 120 feet grading 1.3
oz
Au/t (36.6 metres @ 44.6 grams/tonne). The chimney was mined over a
vertical extent of 220 feet (67 metres) and accounted for about 70% of
the
South Zone gold ounces.
http://www.harvestgoldcorp.com/img036.
-
Targets that are peripheral to the mine are
enhanced and refined by enzyme leach gold responses, particularly in
the
Valley, Northeast, and Southern Extension target areas. Multi-sample
gold
responses, accompanied by silver and other pathfinder elements, are
also
present above the Northeast and Valley targets, which are along strike
to
the northeast and southwest of the mine, respectively. Geophysical
anomalies
accompany the Northeast and Valley target enzyme leach signatures. In
the
Valley target area, a north-trending induced polarization chargeability
high
coincides with the north-trending enzyme leach gold response, where
limited
drilling has intersected low-grade mineralization.
-
Structural intersections between
west-northwest,
northeast and north-northwest fault zones faults and fault
intersections are
clearly identified, including those controlling mineralization in the
previously-mined South, North, and East Zones. In addition to forming
gold
anomalies directly above mineralized zones, these data define concealed
structural features, thereby significantly increasing our understanding
of
the geologic framework at Rosebud.
A well-developed,
zoned
enzyme leach halo
http://www.harvestgoldcorp.com/img035, is enriched in multiple
elements
and, is centered immediately to the northeast of the mine along strike
of the
Rosebud shear. The East and North Zones are encompassed by the
southwest
portion of the enzyme leach halo whereas the South Zone is peripheral to
it
extending away from the central low in a radial fashion. The Northeast
target
occupies a very similar position to the mine, but on the opposite margin
of the
halo. The origin of this prominent halo is unknown, but it may
represent a deep
buried intrusion, volcanic center, and/or the center of a hydrothermal
system
that has produced gold mineralization along its periphery.
Enzyme leach analysis
of
B-horizon soils reveals element patterns (halos and apical
anomalies)
related to buried mineral deposits. The patterns formed by enzyme leach
analysis
of soils at Rosebud clearly indicate the presence of known subsurface
gold
mineralization. Enzyme leach gold responses are anomalous in nearly
every
sample above the Rosebud mine whereas at least half of the soil samples
analyzed
by conventional soil geochemistry analysis are not anomalous in gold
directly
above the underground workings. The gold anomalies shown by
conventional
analysis are also significantly dispersed by downslope mechanical
transport of
gold, while the enzyme leach gold anomalies are not. Furthermore,
targets such
as the Valley, Northwest Corridor, and Northeast are indicated by
similar enzyme
leach gold responses, whereas the conventional gold patterns are
discontinuous
and weak or completely absent above these targets.
Samples were analyzed
for
Au, Ag, and 64 elements including base metals, trace elements, halides
and rare
earth elements by Skyline Assayers and Laboratories of Tucson, Arizona
subsequent to enzyme leach extraction with an ICPMS finish. Replicate
samples
show good data reproducibility.
The technical
information
contained in this press release has been reviewed by Greg Hill,
Certified
Professional Geologist, and a Qualified Person as defined by NI 43-101.
The
Qualified Person has not classified historic estimates as current under
NI
43-101.
Harvest Gold
Corporation is
a mineral exploration company working in Nevada, USA and Manitoba,
Canada. In
Nevada, the Company is exploring the 100% optioned Rosebud Mine
property,
located 5 miles to the South of the Hycroft Mine: a generative gold
property at
Garcia Flats in the South Carlin Trend: and, an advanced property with a
gold-silver resource at the Longstreet Mine, in Northern Nye County. In
Manitoba, Harvest is exploring three groups of claims in the Rice Lake
Gold Belt
of south eastern Manitoba and at Assean Lake, Manitoba.
On behalf of the
Board of
Directors,
John Roozendaal, B.Sc.
President,
Harvest Gold Corporation